New Issue: JPMorgan sells $3.8 million digital equity notes tied to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., July 10 – JPMorgan Chase Financial Co. LLC priced $3.8 million of 0% digital equity notes due Oct. 9, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is greater than or equal to 90% of the initial level, the payout at maturity will be the threshold settlement amount of $1,115.50 for each $1,000 note.

If the index declines more than 10%, investors will lose 1.1111% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC is the underwriter.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital equity notes
Underlying index:	Euro Stoxx 50
Amount:	$3,798,000
Maturity:	Oct. 9, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to 90% of initial level, threshold settlement amount of $1,115.50 for each $1,000 note; if index declines more than 10%, 1.1111% loss for each 1% decline beyond 10%
Initial index level:	3,448.49
Pricing date:	July 6
Settlement date:	July 13
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48129M6J0

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